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Mar 18, 2013
03/13
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forhe plan would cut taxes everybody and eventually replace medicare with a voucher plan, cut medicaid by over $700 billion in 10 years. do the democrats have a better idea, mark? >> the democrats have a better idea by basically not letting anything compete in the spotlight with paul ryan's. numbersho looks at believe that you can cut the deficit in 10 years while simultaneously increasing defense spending and cutting 35 to 28, as from mitt romney proposed, but 39 to 25%. it is just a pipe dream. >> are we ever going to settle this thing, lois? >> and then we might. i think the charm offensive is working a little bit. mitch mcconnell is speaking well of the president in saying that we have useful meetings. his biggest problem might end up being the democrats, trying to move them through some sort of entitlement reform. >> evan? >> maybe obama has got some secret plans to, but i don't see it. this is too little too late. if he was serious about a grand bargain he would have started in november. instead, he behaved like a political hack for months, and then his polls go down and he says,
forhe plan would cut taxes everybody and eventually replace medicare with a voucher plan, cut medicaid by over $700 billion in 10 years. do the democrats have a better idea, mark? >> the democrats have a better idea by basically not letting anything compete in the spotlight with paul ryan's. numbersho looks at believe that you can cut the deficit in 10 years while simultaneously increasing defense spending and cutting 35 to 28, as from mitt romney proposed, but 39 to 25%. it is just a...
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Mar 25, 2013
03/13
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tax the rich, please. so in this country-- >> and spend, spend, spend, and spend some more. >> a force of habit. in this country, suddenly, barack obama, the president of the united states is viewed in these polls and gets to play two roles in robin hood. he gets to be the sheriff of knottingham and prince, but the fact is this government is capable, i think is pretty clear, with the come pensing policy. we're taxing 2.3% on medical devices and we have 600 billion in taxes directly the beginning. year because of obamacare and no one voted on it. >> megyn: they want more. >> and this president says he wants another trillion dollars and the democrats passed that budget. you can dress it up whatever you want, the fact is it's c confiscatory and the government rather than being reined in, we know where to get it and we'll spend it any way we damn well please and you're going to pay for it. >> megyn: over in cyprus, they decided at the end of the day, this weekend, they decided we are going to take it from the
tax the rich, please. so in this country-- >> and spend, spend, spend, and spend some more. >> a force of habit. in this country, suddenly, barack obama, the president of the united states is viewed in these polls and gets to play two roles in robin hood. he gets to be the sheriff of knottingham and prince, but the fact is this government is capable, i think is pretty clear, with the come pensing policy. we're taxing 2.3% on medical devices and we have 600 billion in taxes directly...
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Mar 22, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. been waiting for the price then hurry, sleep train's beautyrest and posturepedic closeout sale ends sunday. save up to 40% on closeout sets from beautyrest and posturepedic. save hundreds on floor samples and closeout inventory. these prices are falling fast, but these deals won't last. sleep train's beautyrest and posturepedic closeout sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> listen to this story. a hostage situation takes a bizarre turn when the victim's pro wrestler's son take matters into his own hands to save his mother. trace gallagher is live with what happened here. what happen
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. been waiting for the price then hurry, sleep train's beautyrest and posturepedic closeout sale ends sunday. save up to 40% on closeout sets from beautyrest and...
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Mar 18, 2013
03/13
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increase after the obama tax increase and the fiscal cliff tax increase. the point i was going to make to melissa is she's the business expert here. the economy is pick up, no questions about it. as that happens, bill, the tax revenues are going to increase a little bit so we maybe bailed out a little bit here, right, melissa by an improving economy. >> it's true if we don't do something to thwart it and knock it off the rails as it's trying to get better. if we don't ruin our own future. bill: it's much more morey more resilient. martha: pope francis break w-g tradition after celebrating mass. look at him om was out there shaking hands and touching people and getting out there, lots of face time and everybody was so excited because tears were streaming down their faces. he's expected to celebrate his inaugural mass in front of tense of house of worshippers in st. peters square tonight. we have not seen anything like this since pope john paul ii. no doubt it's giving his security folks many part attacks as he thrusts into the crowd there. they are also goi
increase after the obama tax increase and the fiscal cliff tax increase. the point i was going to make to melissa is she's the business expert here. the economy is pick up, no questions about it. as that happens, bill, the tax revenues are going to increase a little bit so we maybe bailed out a little bit here, right, melissa by an improving economy. >> it's true if we don't do something to thwart it and knock it off the rails as it's trying to get better. if we don't ruin our own future....
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Mar 19, 2013
03/13
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just days after your tax dollars were handed over to the radical regime in egypt, two men accused of stealing were brutally killed by an angry mob. i've got to warn you, the images you're about to see are very disturbing. according to the ap, vigilantes beat and hanged men by their feet at a bus station, as you can see on the screen, 55 north of cairo. they were accused of stealing a motorized rikshaw and the chowed was reportedly chanting "kill them." they asked them to capture those for breaking the law and hand them over to the police. and joining me liz cheney and pat caddell. it seems to me, we've gone over this, time to cut and run. got to get out of there. the regime has been radicalized. we're giving them f-16's, giving them tanks, giving them money. bad idea? >> very bad idea. it's absolutely clear now that this regime, the muslim brotherhood, the same organization as hamas, they're fellow travelers with al-qaeda. this president himself allowed al-qaeda sympathizers overrun the embassy, and in response we continue to provide more and more aid. there's been this discussion ab
just days after your tax dollars were handed over to the radical regime in egypt, two men accused of stealing were brutally killed by an angry mob. i've got to warn you, the images you're about to see are very disturbing. according to the ap, vigilantes beat and hanged men by their feet at a bus station, as you can see on the screen, 55 north of cairo. they were accused of stealing a motorized rikshaw and the chowed was reportedly chanting "kill them." they asked them to capture those...
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Mar 22, 2013
03/13
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CURRENT
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first of all there is no payroll tax hike. what happened on january first was that the payroll tax rate was restored to what it was two or three years ago. let's not forget what we're bound to forget at one point or another that we reduced the payroll tax on employees by 2 percentage points as a way of producing relief in these economic hard times for americans. so it was really an economic relief program not a cut in social security tax. and i think what is it really at work here is that critics of social security are the enemies of social security want to paint the program as though it's too expensive for america to sustain. that's really--that is really a lie because in fact social security benefits in this country are far--they're paul trypaltrycompared to what other countries have. >> cenk: that leads to lie number two entitlement benefits for millionaires and billionaires is a huge problem. >> the underlying motive of this lie is to turn social security and medicare into mean sets of program. you turn what should be an u
first of all there is no payroll tax hike. what happened on january first was that the payroll tax rate was restored to what it was two or three years ago. let's not forget what we're bound to forget at one point or another that we reduced the payroll tax on employees by 2 percentage points as a way of producing relief in these economic hard times for americans. so it was really an economic relief program not a cut in social security tax. and i think what is it really at work here is that...
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Mar 24, 2013
03/13
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what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly, he'd have to give up what is surely one of life's greatest treasures, living in paris. i don't think i'd make the trade. >>> we'll be right back. up next is america being left behind by the rest of the world in the space race? neil neil degrasse tyson explains. come on, nowadays lots of people go by themselves. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] ge
what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly,...
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Mar 25, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. find out with venus embrace. every five-bladed stroke gives you 360 degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus only from venus embrace. bill: this rock is the size of a golf cart, and it went barreling down a mountain in hawaii in the middle of the night crushing two cars before split nothing half and crashing into the neighbor's garage. >> i was in the bedroom, and then when i was sleeping i heard the rumbling. >> just a heavy -- it was really bad. bill: it was the middle of the night. no one was injured. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. find out with venus embrace. every five-bladed stroke gives you 360 degrees of smooth for goddess skin you can feel and feel. ♪ i'm your venus only from venus...
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breaking news this hour on r t cyprus you along with international lenders agreed to a controversial tax on bank deposits which could see some customers lose up to twenty percent of the savings. also this morning russian tycoon an outspoken kremlin critic boris berezovsky in london age sixty seven with some reports saying he committed suicide. and thousands in damascus attend the funeral of a problem in sunny preacha killed in a suicide attack on a packed moscow that also claimed the lives of forty eight others. good morning it's kevin i would hear it r.t. this morning just after one am now on our top story than cyprus and international lenders have managed to strike a long awaited agreement on banking on taxing bank deposits of over one hundred thousand euros held in the country's biggest bank that was the agreement customers who keep large sums of money in other banks too will also be forced to sacrifice part of their savings but not so much the country's ailing economy. has got the latest details. well we have now was in agree with forty one percent toxic for the positive above one hu
breaking news this hour on r t cyprus you along with international lenders agreed to a controversial tax on bank deposits which could see some customers lose up to twenty percent of the savings. also this morning russian tycoon an outspoken kremlin critic boris berezovsky in london age sixty seven with some reports saying he committed suicide. and thousands in damascus attend the funeral of a problem in sunny preacha killed in a suicide attack on a packed moscow that also claimed the lives of...
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Mar 21, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >> good morning. never a dull moment here in the middle east. just as the president was waking up, there were rocket sirens in southern israel. hamas, largely left out of the president's visit -- he controls the gaza strip, and they have launched four rockets into southern israel. one hit at least a house, although no injuries reported. it does show you how much israel is under fire at all times. this is some of the rocket aftermath from near the gaza strip. president obama ignored hamas and spoken only to president mahmoud abbas. they
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >>...
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Mar 22, 2013
03/13
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lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and writing a budget he kept all those cuts and added new ones and had more added into this is program. the real shock in recent weeks or real frustration trying to covers the budget debates. republicans cover five issues, they want to cut the budget deficits and cut defense spending and simplify the tax code and lower tax rates. in a deal with president obama they could get the first four, more deficit reduction, protect defense, the democratic president would get some cover in cutting medicare and social security and they could simplify the tax code by taking out ex
lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and...
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a lot of that is down in terms of you know federal tax dollars. they're getting an extra return a little tax you know that is not how it was but yeah there's a there's a there's something of an a well i would that was my point though is my point richard is that is that we don't because were a duration and so would have been be inaccurate to say that when the e.u. was formed they sort of did it half way they did a national currency but they didn't give the individual states the power that we give states as part of the united states of america and as a consequence that loss of economic sovereignty has translated into a loss of political sovereignty for those states and if that's the case along before the e.u. disintegrates. well i think that's the question of the day i think you know if you start talking about the european central bank and its power the european union and its power and germany's dominance of both then i think you're really looking at the potential disintegration of the european union you're also seeing very clearly that while it cla
a lot of that is down in terms of you know federal tax dollars. they're getting an extra return a little tax you know that is not how it was but yeah there's a there's a there's something of an a well i would that was my point though is my point richard is that is that we don't because were a duration and so would have been be inaccurate to say that when the e.u. was formed they sort of did it half way they did a national currency but they didn't give the individual states the power that we...
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Mar 18, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> steve: here is something you need to know. the centers for disease control in atlanta issuing a dire warning about a deadly new super bug. we might not be able to fight it because of the sequester. >> brian: there is just one problem. it's not true. not exactly true. wait until you hear this story. >> steve: former new york lieutenant governor betsy mccoy founder of the committee to reduce infection deaths joins us live. good morning to you. >> good morning. >> steve: okay. so it's called cre and how deadly is it? >> 50% of patients who contract this in a hospital or nursing home die from it. it's very deadly. and about five times as deadly as the household word mrsa, which everyone
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> steve: here is something you need to know. the centers for disease control in atlanta issuing a dire warning about a deadly new super bug. we might not be...
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Mar 18, 2013
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>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem. regulation exacerbate that's problem and limits at built of startups to take on the companies. that's why even in mexico taker taking on the version of warren buffett for the very good reason that's the way you get jobs and growth by having more entrepreneurship and more growth and high corporate tax that are biassed towards the ges and buffets of the world is a burden. >> it's a weird argument to say we need more regulation when corporates a corporations are sitting on record profits. >> that happens to be true. >> gentlemen, thank you both very much. still "out front," new revelations about the teenage wloer killed 26 peo
>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem....
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Mar 19, 2013
03/13
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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Mar 25, 2013
03/13
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he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we have an economy that does not work for the vast majority. the u.s. government is one of the major customers for goods and services in america. sequestration is simply a cutback in government spending. it does not take rocket science to understand that if the government of the largest single buyer of goods and services cuts back on the goods and services it buys, that means companies across america will sell less and they will have less need of workers and it will lay off workers. so this is in fact that worsens and employment is alre
he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we...
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Mar 18, 2013
03/13
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with the appeal of this tax on deposits, is it, in effect, people who are not merely cyprus tax voters and payers. >> why doesn't russia come and bail them out because essentially russia is just putting money back into its own pocket. the challenge comes again when these voters, voters get in the way. would they pallet giving taxpayer money in russia to them because that's who has the deposits. >> you're assuming a level of democracy in russia that may not exist. seems to me that the putin government could do anything that it wants. >> or half the parliament doesn't have its money in cyprus as well. >> you didn't say politicians. >> we should say that rich russians have been keeping money in cyprus for decades. even during communism. so there's a huge tradition there deep into politics. deep in politicians. that's part of the why. >> why is the u.s. interest and the interest of the imf when it comes to this issue? are they happen p by to so the these guys who have been seeking a tax haven lose money because as you point out they've been going after what happened in switzerland. if the
with the appeal of this tax on deposits, is it, in effect, people who are not merely cyprus tax voters and payers. >> why doesn't russia come and bail them out because essentially russia is just putting money back into its own pocket. the challenge comes again when these voters, voters get in the way. would they pallet giving taxpayer money in russia to them because that's who has the deposits. >> you're assuming a level of democracy in russia that may not exist. seems to me that...
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Mar 19, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. are proven to be effective pain relievers. tylenol works by blocking pain signals to your brain. bayer advanced aspirin blocks pain at the site. try the power of bayer advanced aspirin. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. omnipotent of opportunity. you know how to mix
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. are proven to be effective pain relievers. tylenol works by blocking pain signals to your brain. bayer advanced aspirin blocks pain at the site. try the power of...
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Mar 18, 2013
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is digging in, not showing any compromise of taxes. >> president got his tax hike on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> i'm joined by congressman adam shift. congressman, thanks for being here. >> pleasure. >> when you hear speaker boehner at the moment coming out with very strong words not show anything nick in the front here. is this an opening bid and that he will compromise later on? >> i think that's what it is. this is his opening position, he doesn't want to move off it any earlier than he has to. if he wants to make a deal, if this is going to be the grand bargain that he's going to have to give on revenue. so far, $2.5 trillion in deficit reduction. there's plenty of room to cut more. and plenty of room to raise revenue and that's part of any big package. >> you heard senator corker, lay ought, if they give this, we'll give this as well. entitlements is what he's saying on the democratic side. what would you be open to? >> i'd be open to reducing costs in medicare. i think the affordable care act made a goo
is digging in, not showing any compromise of taxes. >> president got his tax hike on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> i'm joined by congressman adam shift. congressman, thanks for being here. >> pleasure. >> when you hear speaker boehner at the moment coming out with very strong words not show anything nick in the front here. is this an opening bid and that he will compromise later on? >> i think...
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Mar 19, 2013
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he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul a deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. all right, you're not going to remember lincoln. that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does it say, benji, jack kemp, that's not that long ago. we're nostalgic, until even a bush -- what happened that they're so far right that the republican party has no sense of what the mainstream is concerned about? >> this is one of those problems when you don't have a clear leader. when there was president bush, he never got credit from liberals at the time, but he was keeping a lid on this stuff. bush was a believer in a lot of kemp. his passion in addition to conservatism was derived from kemp. without that, first there were no leaders and you just had the tea party movement rising up and and then a lot of these leaders are in the
he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul a deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. all right, you're not going to remember lincoln. that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does it say, benji, jack kemp, that's not that long ago....
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Mar 20, 2013
03/13
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a lot of democrats who consider ourselves to be fiscally responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us
a lot of democrats who consider ourselves to be fiscally responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. and apply online. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> the white house sent out a memo saying the easter egg roll may be canceled because of the cuts. for 134 years, children rolled eggs down the white house lawn and celebrated a christian festival at
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with...
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worldwide the parliament in cyprus rejects a plan to tax its bank depositors. the euro falls to its lowest level since november. >>> ben bernanke and the fed get down to business. what should we expect after its two-day meeting ends tomorrow? we'll ask former federal reserve governor randy crosser in. >> and what does the ceo of one of the world's iconic brands think of the economy and the american consumer? susie sits down with the top man at coca-cola. all that and more coming up right now on "nbr." good evening and welcome to our public television viewers. susie, once again, little cyprus making big economic noise today. >> you're right, tyler. actually a big win for citizens in cyprus. lawmakers rejected today an unpopular and unprecedented proposal to tax bank deposits. it was part of a larger eurozone bailout plan to rescue those banks and keep the nation solvent. the crucial vote came after a wave of protests, and as cypr t cypriots scrambled to withdraw cash from their atms. bertha coombs joins us with more on today's historic vote and what's ahead for
worldwide the parliament in cyprus rejects a plan to tax its bank depositors. the euro falls to its lowest level since november. >>> ben bernanke and the fed get down to business. what should we expect after its two-day meeting ends tomorrow? we'll ask former federal reserve governor randy crosser in. >> and what does the ceo of one of the world's iconic brands think of the economy and the american consumer? susie sits down with the top man at coca-cola. all that and more coming...
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>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all those who say the politics is too hard, how can they say that? for all those who say we shouldn't or couldn't ban high capacity magazines, i just ask them one question. think about newtown. think about newtown. >> that's a stirring sort of message there from joe biden. the question i have, it doesn't seem like it's going to work and not just because of republican opposition, it's because there are democrats who are up in 2014 in tough states that don't want to vote on the assault weapons ban. >> it was so interesting to hear him go there about the assault weapons ban because tha
>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all...
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points towards the same goal, bringing these workers out of the shadows and into becoming and being tax paying members of society. >> michael: that's kentucky tea party senator rand paul's embrace of immigration reform. it comes a day after the republican national committee released their autopsy report on why the g.o.p. continues to nose dive in favorability. the recommendation is to support comprehensive immigration reform. the senator's move comes after the drone filibuster and the straw purchase. here is maria from the university of cal berkeley where she is the development director of the chief schuster earl institute. welcome to the war room. >> glad to be here. >> michael: what do you make of his new stance? >> i think it's really a revelation, and i welcome yesterday's g.o.p. autopsy report. i think it is a recognition that if the republicans intend to be a national party, they have got to broaden their appeal to the fastest growing part of the electorate. but words are only one thing. let's see what they do in terms of actually voting for immigration reform. >> michael: yes, be
points towards the same goal, bringing these workers out of the shadows and into becoming and being tax paying members of society. >> michael: that's kentucky tea party senator rand paul's embrace of immigration reform. it comes a day after the republican national committee released their autopsy report on why the g.o.p. continues to nose dive in favorability. the recommendation is to support comprehensive immigration reform. the senator's move comes after the drone filibuster and the...
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today from the hill shows while americans might be sympathetic to republican's ideas about lowering taxes they still trust the president to handle the economy. 65% said u.s. budget deficit should be reduced by cutting spending. but 35% said they trust the democrats more. so to regain the public's trust they have done an autopsy of the 2012 campaign. the rorpt has a lot of style but not a lot of serious substance. in it the word messaging appears 77 times technology in there 42 times, and then there is the long list of things that got no mention at also. health care inequality and others. the plan also pointed to some other issues, and no bashing poor people at all. the plan says low-income americans are hardworking people who want to become hard-working middle-income americans of course paul's plan would make it harder than ever to allow poor people to join the middle class. next up, reagan. enough already. the youngin's at all don't even remember him. they also pledge to be flexible on gay rights even though republicans are spending millions defending the discriminatory defense of marria
today from the hill shows while americans might be sympathetic to republican's ideas about lowering taxes they still trust the president to handle the economy. 65% said u.s. budget deficit should be reduced by cutting spending. but 35% said they trust the democrats more. so to regain the public's trust they have done an autopsy of the 2012 campaign. the rorpt has a lot of style but not a lot of serious substance. in it the word messaging appears 77 times technology in there 42 times, and then...
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. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president
. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the...
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they call for higher taxes to fund government programs. house speaker john boehner remained skeptical. >> the budget that senate democrats are considering never balances, ever. that means more debt, fewer jobs and, frankly, much higher taxes from the american people. >> sreenivasan: the negotiations over these competing party visions for governing will begin in earnest when president obama submits his spending blueprint on april 8. with their work done, house members leave town today for a two week recess. while senators will remain in a marathon session until a vote on their own plan to fund the government. judy woodruff takes it from there. >> woodruff: for what's happening behind-the-scenes, we turn to todd zwillich, washington correspondent for "the takeaway" on public radio internional. welcome back to the newshour. >> good to be with you, judy. >> woodruff: first this vote to keep the government funded by the end of the fiscal year, both the house and senate passed this. does this mean democrats and republicans finally see eye to eye
they call for higher taxes to fund government programs. house speaker john boehner remained skeptical. >> the budget that senate democrats are considering never balances, ever. that means more debt, fewer jobs and, frankly, much higher taxes from the american people. >> sreenivasan: the negotiations over these competing party visions for governing will begin in earnest when president obama submits his spending blueprint on april 8. with their work done, house members leave town...
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they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic problems crated by a debt. we're just not seeing that. >> jared, in the book, the dragon starts off small, then gets very big and very scary, but by the end, it's reduced to a manageable size. interestingly that's not what paul ryan and others want. they want to kill the dragon with a balanced budget as quickly as possible, don't they? >> right. the idea of balancing the budget over x years is really -- >> in his case ten years. in rand paul's case four or five years. >> so is, a, antithey cal to what they need to be concerned about. in fact, anytime we've ever achieved a sustainable budget packet that's brought the
they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. moms and dads whose children were gunned down in the sandy hook massacre are asking congress to show courage tonight. instead, speaker john boehner is showing cowardness. joe biden and new york mayor michael bloomberg demand gun legislation. >> this is simple common sense. it will not solve every problem and not end every gun death but will substantially reduce it. and it matters. it matters. >> biden says congress should at least pass background checks universally. the latest poll shows 91% of americans support background checks for gun show sales. 83% of voters in speaker boehner's home state want background checks, too. yesterday, it seemed like john boehner agreed
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. moms and dads whose children were gunned down in the sandy hook massacre are asking congress to show courage tonight. instead, speaker john...
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we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did companies that make their profit did overseas, did he ever their payments, sometimes never pay them, and >> bill: that just encourages people to move their money or jobs offshore? >> it's an incentive. >> why should we be rewarding them for exporting jobs basically? >> what these corporate interests and wealthy americans do is hide spending in give them a check? we would is a no way. in the tax code, nobody is really examining that. >> bill: exact. >> special tax -- well, mortgage interest deductions for second homes. not just a first home. i will tell you, a big one is the fossil fuel subsidy. i am talking about oil a
we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did...
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so wete the tax code first tax things we do not like. things like wall street speculation tax. ,hat is why i ran for president to give broader choices. it is called "the seventeen solutions" in paperback. video,e have a short and. comment. caller: it's no secret that the democrats and republicans stray .d away very hard from issues if you could analyze tea partiers abandonment of them. guest: money and politics. i spoke to high-ranking democrats and the house. agree it should be and they agreed. one of them said because we would raise less money. damagingan extremely influence on both parties. money corrupt politics. organized labor does not have to worry about minimum-wage. their workers get more than minimum wage with the two-ti ered situation. they are not putting in for one of television ads on the air the with the old union's used to do. too sat besideet with least worst choices -- we get too satisfied with least worst choices. youour least worst voter, do not hold the least worst candidate. the other guy is worst so you lose your voting power. they do not have to give you
so wete the tax code first tax things we do not like. things like wall street speculation tax. ,hat is why i ran for president to give broader choices. it is called "the seventeen solutions" in paperback. video,e have a short and. comment. caller: it's no secret that the democrats and republicans stray .d away very hard from issues if you could analyze tea partiers abandonment of them. guest: money and politics. i spoke to high-ranking democrats and the house. agree it should be and...
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we are also tax payers. if you take 20% of your budget and cut it, these are the people paying it your taxes and the next thing you tell them is next year at tax time, you have lowered their budget, how does that make up for all the money that gets lost to the government that they need right now to fix these situations? guest: sequester was an idea of both sides thought was so bad it would never happen and then it did. it was meant to be a threat at the end of report in process. the super committee did not happen and they never struck a deal. now a sequester is here on both sides want it for different reasons. republicans want cuts and with a can and democrats want to show how bad cuts hurt. and show that cutting government so quickly is -- has repercussions. dated from texas, go ahead. i'm not familiar with a whole lot of politics in washington. i am on social security disability. goes beyond just fixing the budget. and obamahealth care care, as far as going beyond fixing the budget like health care. i live
we are also tax payers. if you take 20% of your budget and cut it, these are the people paying it your taxes and the next thing you tell them is next year at tax time, you have lowered their budget, how does that make up for all the money that gets lost to the government that they need right now to fix these situations? guest: sequester was an idea of both sides thought was so bad it would never happen and then it did. it was meant to be a threat at the end of report in process. the super...
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and they are trying to rekwat that with new taxes. >> hal: exactly. the same way as obamacare being viewed as a tax by justice roberts as a way of justifying its existence, that was his way of throwing conservatives a bone while doing what he knew was -- >> the right thing to do. >> hal: right. but it's interesting that they call that out and then they get stuck in this circular -- this cycle that they have of oops said something reasonable or truthful, and i am going to be eaten alive. >> how much of that is actually being eaten live by the red-meat sucking haze and how much is fabricated? i hear about how the tea party or americans for prosperity are threatening to primary republicans who vote in any capacity for any sort of revenue increase but i don't know who that truly is? how strong are they? and would they be able to win? so i don't know if that is a real threat or just a perceived threat, and if it's just a perceived threat, maybe some of these republicans could stand up and say, i'm not all that threatened by you. >> hal: right. a those in p
and they are trying to rekwat that with new taxes. >> hal: exactly. the same way as obamacare being viewed as a tax by justice roberts as a way of justifying its existence, that was his way of throwing conservatives a bone while doing what he knew was -- >> the right thing to do. >> hal: right. but it's interesting that they call that out and then they get stuck in this circular -- this cycle that they have of oops said something reasonable or truthful, and i am going to be...
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the parliament of cyprus voted to reject a bill that would tax bank deposits in order to qualify for an international bailout package. to receive $13 billion from the e.u. and the international monetary fund, cyprus has to raise $7.5 billion on its own. but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around the world and on wall street on edge. the dow jones industrial average gained more than three points to close above 14,455. the nasdaq fell eight points to close at 3229. seven u.s. marines were killed after a mortar unexpectedly exploded during a training exercise in western nevada. military officials said that prompted the pentagon to halt the use of the mortar worldwide until an investigation can be completed. the accident happened last night at the hawthorne army depot. the marines who were killed were based at camp lejeune in north carolina. seven other marines and sailors were injured in
the parliament of cyprus voted to reject a bill that would tax bank deposits in order to qualify for an international bailout package. to receive $13 billion from the e.u. and the international monetary fund, cyprus has to raise $7.5 billion on its own. but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around...
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. >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on the backs of middle income tax
. >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on...
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me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into the issues of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those
me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war...